Condor Energies Inc.

CALGARY, AB--(Marketwired - May 04, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI), a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, provides an operations update. The Company's Zharkamys exploration contract ("Contract") with the Ministry of Energy of the Government of Kazakhstan ("Ministry") was due to expire on December 14, 2016. Prior [...]

CALGARY, AB--(Marketwired - April 21, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to provide an operations update for the Poyraz Ridge gas field in Turkey. Construction of the Poyraz Ridge 15 MMscf/day gas processing facility continues on schedule with first gas targeting mid-2017. All of the major gas processing equipment has been installed and the remaining components are arriving in [...]

CALGARY, AB--(Marketwired - March 22, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2016, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the Condor website at [...]

CALGARY, AB--(Marketwired - February 01, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce it has received the US$10 million loan proceeds (the "Loan Proceeds") from the recently established secured non-revolving credit facility (the "Credit Facility"). Pursuant to the Credit Facility and in conjunction with receiving the Loan Proceeds, Condor issued to the lender a warrant [...]

CALGARY, AB--(Marketwired - January 12, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce drilling results of the Poyraz West 2 appraisal well in Turkey. Poyraz West 2 is a step-out appraisal well testing the southwest extension of the field. Based on wireline logs, the well encountered 142 meters of net pay which includes 60 meters of a newly discovered Pre-Sogucak reservoir. The [...]

CALGARY, AB--(Marketwired - January 10, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce that it has entered into a loan agreement to establish a US$10 million secured non-revolving credit facility (the "Credit Facility"). Pursuant to the Credit Facility, Condor may borrow US$10 million in a single advance from the lender, (the "Loan Proceeds"). The Credit Facility bears interest [...]

CALGARY, AB--(Marketwired - December 15, 2016) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce drilling results of the Poyraz West 5 appraisal well in Turkey. Poyraz West 5 successfully evaluated the down-thrown fault block or "footwall" of the Poyraz Ridge field. Importantly, this footwall represents up to 30% of the field's structural area but currently has no attributed reserves [...]

CALGARY, AB--(Marketwired - November 10, 2016) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and nine months ended September 30, 2016, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the [...]

CALGARY, AB--(Marketwired - October 31, 2016) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce drilling results of the Poyraz 3 development well in Turkey. Based on wireline log interpretation, the Poyraz 3 well encountered a minimum 135 meters of net gas pay in multiple stacked reservoirs of Miocene (Kirazli and Gazhanedere sandstone formations) and Eocene (Sogucak carbonate [...]

CALGARY, AB--(Marketwired - October 17, 2016) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce that commercial oil production has commenced at the Taskuduk oilfield in Kazakhstan. The production from Taskuduk complements the Shoba commercial production which began in September. The combined flow rates from these 100% owned oilfields have exceeded an average of 600 barrels per day to [...]